Last week, the VN-Index dropped 22.67 points to 1,242.11, while the HNX-Index fell 3.86 points to 236.66. On the HoSE, foreign investors net bought 17.67 million units, with a net value of over VND 419.58 billion.
On the HNX, foreign investors sold 1.05 million units, with a net selling value of over VND 13 billion. On the UPCoM, foreign investors net bought for 5 consecutive sessions, with a total of 1.5 million units and a corresponding net value of over VND 54 billion.
Thus, in the trading week from July 22-26, foreign investors net bought more than 18.12 million units on the overall market, with a corresponding net value of nearly VND 461 billion.
A group of funds related to Dragon Capital sold 1.05 million MWG shares of Mobile World Investment Corporation (stock code: MWG) to reduce ownership to 7.99% of charter capital. Norges Bank Fund sold 500,000 shares, Amersham Industries Limited sold 500,000 shares, Hanoi Investments Holdings Limited sold 300,000 shares, and Wareham Group Limited bought 250,000 shares.
Dragon Capital-related funds sold more than 860,000 MWG shares in the two trading sessions of July 19 and 22.
On July 22, Dragon Capital funds purchased 182,000 MWG shares, increasing their ownership from 7.99% to 8% of charter capital. Vietnam Enterprise Investments Limited bought 152,000 shares, Wareham Group Limited bought 50,000 shares, and Samsung Vietnam Securities Master Investment Trust (Equity) sold 20,000 shares.
Thus, in the two trading sessions of July 19 and 22, Dragon Capital-related funds sold a net of more than 860,000 MWG shares.
Previously, from June 7-19, Mr. Nguyen Duc Tai, Chairman of the Board of Directors of MWG, sold 2 million MWG shares, reducing his ownership from 35.4 million shares (2.42% of charter capital) to 33.4 million shares (2.29% of charter capital).
PetroVietnam Phuoc An Port Investment and Exploitation Joint Stock Company (stock code: PAP) has just issued a report on the issuance of an additional 32 million private shares out of the registered 38 million shares, equivalent to a successful offering rate of 84.2%. The offering price was VND 12,000/share (about 50% lower than the market price) and raised VND 384 billion.
Notably, investor Truong Cong Nghia registered to buy 10 million shares but eventually only purchased 4 million, increasing his ownership to 1.86% of charter capital. In contrast, four investors, Nguyen Thanh Hoang, Phan The Anh, Tran Manh Cuong, and Bang Xuan Hoai, bought the entire registered amount of 6.5 million, 6.5 million, 6.5 million, and 8.5 million shares, respectively.
Thus, after the private placement, Phuoc An Port’s charter capital will increase from VND 2,000 billion to VND 2,320 billion. Phuoc An Port was established to invest in and operate the Phuoc An general port. The initial founding shareholders included Petrovietnam, which owned 79.54%, the Industrial Park Development Corporation, which owned 17.05%, and other shareholders, which owned 3.41% of the charter capital.
However, since 2016, Phuoc An Port has continuously issued private placements, diluting state ownership. Through five capital increases from VND 440 billion to VND 2,320 billion, the number of shares owned by Petrovietnam at Phuoc An Port remains unchanged at 35 million shares, but its ownership percentage has decreased from 79.54% to 15.09% of charter capital.
Investing in a volatile market: Should beginners consider putting money into high-yield bonds for 10-30% yearly profit?
Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.
Bank stocks sold off heavily
Today (2/2), the VN-Index continues to rise, but in a cautious trading atmosphere. It is noteworthy that most banking stocks in the VN30 basket are facing strong selling pressure.
